Jun 20 2014
Kilroy Realty Corporation unveiled plans for its 475,000-square-foot creative media mixed-used office campus near Sunset and Vine in Hollywood, California.
The company acquired the site from The Academy of Motion Pictures Arts and Sciences in the fourth quarter of 2013.
Encompassing a full city block bounded by Vine Street, DeLongpre Avenue, Ivar Avenue and Homewood Avenue, the low-density office campus -- with approximately 40 percent of the four-acre site dedicated to open space -- will feature three four-story cutting edge creative office buildings and a 23-story residential tower. Pulling the energy from nearby Sunset and Vine, the project will open up at Vine and DeLongpre, with a large public gathering area that will feature public art and the majority of the development’s 20,000 square feet of street level retail.
The project is designed to accommodate an entertainment, media and technology user base and will have maximum flexibility for both small and large space requirements with a particular focus on creating a collaborative community environment, according to KRC’s Executive Vice President, David Simon, who unveiled the plans at the Hollywood Economic Development Summit.
“Successful and responsible development is the intelligent response to the cries of the market,” said Mr. Simon. “Hollywood has long suffered from the shortage of quality Class A office space, especially the highly functional and adaptive space that offers a unique sense of place and connection to the neighborhood. This lack of inventory contributed to many firms relocating to the Westside and elsewhere over the past decade. This project, and others like it, such as Columbia Square, addresses that void and will be another contributing driver to the renewed interest and vigor we are now seeing in Hollywood.”
The largest of the three office buildings, ranging in size from 76,000 to 100,000 square feet, is inspired by the historic mid-century bow trussed buildings that are in high demand by today’s creative office user. All three office structures are terraced to make a dramatic transition to the street and contribute to the human scale of the property. The buildings’ cascading design also allows KRC to offer tenants their own personal identity space, each with private entrance and outdoor meeting areas.
A 23-story residential tower anchors the northwest corner of the campus. The buildings are connected by a series of landscaped passageways that run through the center of the campus. “The overall design encourages the ‘creative collision’ of people, whether they are in their offices, on their private decks or the many other public landscaped outdoor spaces within the project,” said design architect Joey Shimoda of Shimoda Design Group. House Robertson is the executive architect. The office development will be built to meet LEED Gold certification. Construction is expected to begin the first quarter of 2016.
Source: http://www.kilroyrealty.com